ZS Soybean Futures Daily Chart Analysis: 2026-May-08 07:09 CT

Price Action

• Last: 1193.25,
• Bars: Medium,
• Mom: slow.

WSFG Weekly

• Short-Term
• WSFG Current: -30%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: -11%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 29%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 1182.50,
• 4. Pvt. Next: Pvt High 1211.50,
• 5. Levels R: 1533.50, 1508.00, 1480.50, 1471.25, 1428.00,
• 6. Levels S: 1182.50, 1156.00, 1082.50, 1068.50, 1020.50.

Daily Benchmarks

• (Short-Term) 5 Day: 1205.00 Down Trend,
• (Short-Term) 10 Day: 1197.75 Down Trend,
• (Intermediate-Term) 20 Day: 1189.50 Up Trend,
• (Intermediate-Term) 55 Day: 1179.75 Up Trend,
• (Long-Term) 100 Day: 1151.25 Up Trend,
• (Long-Term) 200 Day: 1130.00 Up Trend.

Additional Metrics

• ATR: 58,
• VOLMA: 155181.

Recent Trade Signals

• 07 May 2026: Short ZS 07-26 @ 1191 Signals.USAR-MSFG
• 06 May 2026: Short ZS 07-26 @ 1198.5 Signals.USAR-WSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bullish.

Key Insights Summary

Soybean futures are trading in a mixed structure where the daily price sits just above the 20-day and 55-day benchmarks but below the 5-day and 10-day averages, reflecting a soft short-term tape after a recent rejection from the 1220s/1250s area. Weekly and monthly session fib grids remain below their F0% centers with downtrends intact, keeping the near-term bias aligned with the downside. Swing pivot structure also remains bearish in the short term, with the current pivot trend and HiLo trend both pointing lower and the next pivot objective sitting above at 1211.50 while support pivots cluster at 1182.50 and 1156.00. Longer-term trend context is still constructive because the yearly session fib grid remains above its center and the 100-day and 200-day benchmarks continue to slope higher, so the chart is showing a pullback inside a broader uptrend rather than a full trend break. Volume and ATR indicate an active but not extreme market, with recent signals confirming short-side rotation from the weekly and monthly session frameworks.